UK’s south east is credit card central
October 24, 2007 by admin
Filed under News, News-Credit-Cards
The south east of Britain has been found to have the greatest number of credit card holders per capita than any other region.
A recent survey by the UK payments association, APACS, has revealed the payment habits of people and how they vary from region to region.
Results revealed that 75 per cent of adults in the south east have credit cards compared with the national total of 67 per cent.
Furthermore, it found, people in the north east are less likely to regularly use cheques than anywhere else while in the North West, people make more regular visits to cash machines, withdrawing £5,355 more than anywhere else in the UK.
Sandra Quinn, director of communications at APACS, said: “Different parts of Britain have long been associated with certain payment stereotypes – whether those are about being overly careful with spending or flash with the cash – and these guides – drawn from the UK’s ongoing largest study of payments behaviour – offer a revealing and interesting look behind the statistics.”
She added that although the majority of people are happy with the payment methods available, managing finances can be made easier and more convenient by “taking advantage” of the various options.
The regional comparisons were based on a survey of 4046 adults representing the most comprehensive ongoing survey of its kind.
Financial habits are written in the stars
January 9, 2007 by admin
Filed under News, News-Banking
The time of year in which you were born may be affecting your payment habits and banking behaviour.
Research carried out by the UK payments association (Apacs) takes a light-hearted look at UK consumers’ payment habits according to their star sign.
The survey, which was completed by 2,000 people, found that Capricorns are the most financially astute, but they are let down when it comes to paying their credit card bills.
Scorpios are said to be the sign of the debit card, with the majority showing a strong preference for using this form of payment. In addition, people of this star sign are particularly financially savvy.
Those who fall under the sign of Libra are said to be uninterested in their finances and often fail to pay attention to detail, as well as being slow to check their statements.
“The guide takes a humorous astrological look at our payment habits. However there is a serious point to be made,” said Sandra Quinn, director of communications at Apacs.
“We all need to be conscious of how we are managing our finances – it pays to make sure you are doing it well and there is no better time than at the start of a new year to review things.
Ms Quinn says everyone should check their statements “promptly and thoroughly”, like Virgos, shred their documents when discarding them, unlike Taureans, and have a different pin number for every card owned, something not done by most Leos.
